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Kucoin’s Legal Woes Spark Massive $1.7 Billion Withdrawal, Onchain Data Reveals

After the Kucoin indictment on Tuesday, subsequent onchain data from Nansen indicates that, to date, $1.7 billion in funds have been withdrawn from the exchange. Crypto Assets Worth $1.7 Billion…

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Mega Whale Moves 2,000 Dormant Bitcoins From 2010 in Third Series of Transfers This Month

On March 1, a well-known colossal whale holding bitcoins from 2010 activated 2,000 dormant bitcoins across 40 transactions in a single block. Just four days afterward, on March 5, this…

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Nansen Reports $200 Million Exodus From Kucoin After DOJ Action

Following the Department of Justice’s (DOJ) legal action against Kucoin and its founders, analysts from Nansen specializing in real-time onchain data revealed that Kucoin experienced a withdrawal of $99 million…

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Marathon Introduces Custom Firmware and Control Board for Enhanced Bitcoin Mining Operations

This week, the publicly traded mining company Marathon Digital Holdings unveiled new firmware and a control board designed to enhance the efficiency of bitcoin mining rigs. Marathon revealed it has…

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Here’s the Local Price Bottom of Bitcoin’s Current Trading Range, According to Bitfinex

Bitcoin (BTC) has established a local bottom at $56,000 for its current trading range following a 17.5% decline from an all-time high of $73,700. Bitfinex analysts revealed in the latest…

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Goldman Sachs Observes Spike in Institutional Interest for Crypto Options: Report

As per a Bloomberg report, institutional clients of Goldman Sachs’ Asia Pacific division are displaying revitalized interest in Bitcoin, Ether, and other crypto assets. This trend indicates a notable evolution…

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